Dairy Farmers Continue To Adapt To Renewable Energy
Posted by: Stearns Bank on Mar 13, 2020
Dairy farmers are finding new ways to run their business more efficiently with renewable energy technology that is making a difference in their pocketbook.
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Mutual Respect Creates Strong Financing Relationship For Landscaping Business
Posted by: Stearns Bank on Feb 07, 2019
The owners of Supreme Lawn and Landscaping in Waite Park were looking at switching financial institutions after becoming disenchanted with their bank.
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Used Equipment Offers Advantages For Diligent Buyers
Posted by: Stearns Bank on Jan 31, 2019
Whether bidding at a live or online auction, or visiting a local dealer, previously-owned equipment can be a big benefit for a small business owner.
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The Differences Between Equipment Finance Agreements And Simple Interest Loans
Posted by: Stearns Bank on Oct 05, 2018
Customers can be confused at times when trying to compare an EFA and a standard simple interest loan.
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The Basic Process To Apply For Equipment Financing
Posted by: Stearns Bank on Sep 27, 2018
Advice to prepare if you’re applying for equipment financing with a financial institution, especially buying equipment for your small business.
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Six Ways Seasonal Businesses Can Manage Their Cash Flow
Posted by: Stearns Bank on Aug 16, 2018
A small business may fail for many reasons – sluggish sales, start-up costs, competition. But the greatest challenge and cause of failure is cash flow.
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Six Industries That Can Benefit From Equipment Financing
Posted by: Stearns Bank on May 17, 2018
These six industries in particular can benefit from capital investment and equipment loans provided by a small business lender like Stearns Bank.
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Does Your Lender Offer Custom Payment Solutions?
Posted by: Stearns Bank on Mar 29, 2018
When a company finances an equipment purchase, the repayment schedule can be as important as any other factor.
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Tale of Two Farmers: Finance Equipment to Preserve LOC
Posted by: Stearns Bank on Mar 08, 2018
These stories show the importance of financing equipment purchases, while leaving LOC and cash for operational and personal expenses.
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